Financial Awareness - Risk, Stability & Emerging Finance
How many categories does RBI classify Non-Performing Assets (NPAs) into?
How many categories does RBI classify Non-Performing Assets (NPAs) into?
easy Q11 of 15
Step-by-Step Solution
Step 1: Recall NPA classification
RBI classifies NPAs into specific categories based on age and recoverability.Step 2: Identify the number
The three categories are Substandard, Doubtful, and Loss Assets.Final Answer:
Three → Option BQuick Check:
NPA categories = 3 ✅
Quick Trick: Substandard, Doubtful, Loss = 3 categories.
Common Mistakes:
- Confusing with total asset classes (Standard + 3 NPAs = 4).
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